DIFFERENCE BETWEEN ENDORSE AND INDORSE

May 19th, 2015
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An indorsement on a negotiable instrument, such as a check or a promissory note, has the effect of transferring all the rights represented by the instrument to another individual.

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By endorsing the check you are attesting to the fact that you have transferred said document to them and they can draw on that account.Technically the check is an order to pay on demand to a named individual. The endorsement is an order by you (the recipient) to pay a third party on demand. (In this case the bank) You can endorse a check multiple times, but that's an archaic use of checks these days.In`dorsementn.1.The act of writing on the back of a note, bill, or other written instrument.2.That which is written on the back of a note, bill, or other paper, as a name, an order for

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